New York Times Business News ---
Vast F.C.C. Plan Would Bring Net to More in U.S.
The 10-year plan would reimagine the nation’s media and technology priorities by establishing high-speed Internet as the country’s dominant communication network.
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Grapevine Moth Forces Quarantine for Part of Napa Valley
A 162-square-mile area of Napa Valley has been quarantined in an effort to stop the spread of the European grapevine moth, which also threatens other fruit.
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Stocks and Bonds: Stocks Close Mixed after Uneven Economic Data
Shares initially gained after a rise in retail sales was reported, but slipped after a disappointing report on January’s business inventories.
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February Retail Sales Rise 0.3%, Topping Forecast
When car and gas sales were excluded, the gain was 0.9 percent, raising hopes that confidence was growing.
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Kohlberg Kravis Files for Listing on New York Stock Exchange
The Securities and Exchange Commission filing was the final step in the company’s years of effort to become a publicly traded private equity firm.
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Patient Money: Finding the Right Care for the Elderly
Advice for making an informed decision about supporting an ailing parent without bankrupting the family.
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Facebook Helps Social Start-Ups Gain Users
Facebook Connect can help nascent Web services recruit a healthy crowd of users in a hurry, and help the users find their friends on those sites.
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Violations Are Cited in Generics
Ranbaxy Laboratories, a maker of generic drugs, has run afoul of the Food and Drug Administration for violations at its United States factory in upstate New York.
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Fed Helped Bank Raise Cash Quickly
Lehman Brothers engaged in a series of transactions with the New York Fed that were similar to the ones that drew criticism from the bankruptcy court examiner who investigated its collapse.
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Off the Charts: Investors Show Confidence as Consumers Worry
Consumers remain pessimistic even as the stock market recovers, but history suggest that’s not such a bad thing.
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Netflix Cancels Contest Over Privacy Concerns
The movie rental company canceled a competition to improve film recommendations after learning that customers could be identified from data it released.
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Appeals Court Upholds Cable TV Access Rules
The regulations require cable TV companies to make programming available on equal terms to rival TV providers.
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UBS Pushes Swiss Officials for an End to Tax Dispute
Bank is pushing the Swiss government to pass a treaty with the United States that would resolve a dispute over tax-evading client.
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Mortgage Modification Program Gains Traction
The Treasury Department said that more than 168,000 households had received permanent new mortgages under its modification plan.
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Top Choices Are Floated to Fill Seats on Fed Board
Issues like inflation and interest rate policy played roles in the administration putting forth names like Janet L. Yellen to be considered for the bank’s board of governors.
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As Its Arms Industry Withers, Russia Buys Abroad
Once-legendary Russian weapons are suffering embarrassing quality problems, and Russia’s own military is in talks with France to buy assault ships.
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Trichet Sides With Advocates of Crackdown on Banks
The European Central Bank president, Jean-Claude Trichet, sharpened his criticism of the banking industry, and seemed to single out hedge funds.
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Shortcuts: When a Cap Full of Soap Is Not a Good Thing
Go easy on the detergent in dishwashers and washing machines, and never clean your oven the day before Thanksgiving.
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Avastin Fails Clinical Trial for Prostate Cancer
The miss in prostate cancer follows a similar disappointment with Avastin in gastric cancer but success in ovarian cancer.
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Wealth Matters: No Federal Estate Tax, but What About Your State?
Twenty states have their own versions of the old federal estate tax. The many clauses and provisions mean that, even in the absence of a federal estate tax, you might not be able to die tax-free.
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